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- LoopNet Team
20 Tate Ln
Round Rock, TX 78665
Land For Sale
·
2.00 AC

INVESTMENT HIGHLIGHTS
- New construction, 30+ units, connected to city utilities with 100% occupancy
- Located in one of the fastest growing areas in the country
- Custom high end finishes
- 6.4% cap rate - Market cap rate 9.0%
PROPERTY FACTS
DESCRIPTION
New construction completed in June 2023 – Under warranty The property includes 28 individual cottage homes, guest home, a washateria, a maintenance facility, an office/clubhouse, a storage building, and 3 story building @ nearly 4200 sq/ft (Sprinkled), metal roofs, Gutters, Fully integrated sprinkler systems, dog park, custom Firepit/BBQ seating area. ***Close proximity to 17B Samsung facility, Dell headquarters, Amazon, Tesla, Kalahari, several hospitals, Texas A&M, Texas State, TX 130, 45 Toll, IH-35, Hwy 79, etc. 100% occupied with +/- 6 months remaining on all leases – Huge opportunity to increase the cap rate Current rent is only $1,375 for 2-bedroom houses – See attached National Publication article for comparable rent of $2,100 in Round Rock • Connected Fiber Community • Individually metered for utilities – BOTH electric and water • No zoning – Can be leased as short/long term, Airbnb, College housing • NOT in the city, No HOA, ETJ, but connected to city water and wastewater. All electricity underground Construction emphasis: Metal roofs, Spray foam, 2X6 walls, Lawn sprinkler system, Onsite Laundry Facility, Maintenance Facility, Under warranty, LG full-size stainless-steel appliances, Custom finishes, Smart locks, integrated security system, and much more. ****This property is for sale by owner – Joseph Claypool 737-786-3678, joseph.j.claypool@gmail.com ALL Houses are occupied – Please DO NOT contact occupants without an appointment No wholesalers – end buyer only Business Insider article: https://www.businessinsider.com/tiny-home-community-near-austin-texas-photos-2023-10#while-these-residents-are-now-settled-in-this-might-not-be-the-end-of-claypool-s-tiny-home-journey-17
PROPERTY TAXES
| Parcel Number | R055326 | Improvements Assessment | $5,117,726 |
| Land Assessment | $432,274 | Total Assessment | $5,550,000 |
PROPERTY TAXES
Listing ID: 30672883
Date on Market: 1/16/2024
Last Updated:
Address: 20 Tate Ln, Round Rock, TX 78665
The Round Rock Land Property at 20 Tate Ln, Round Rock, TX 78665 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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NEARBY LISTINGS
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- 1502 Steeds Crossing, Pflugerville TX
- 0 County Rd 100, Hutto TX
- 30°34'21.7"N 97°35'07.4"W, Hutto TX
